Take joint and several liability. When the borrower fails to repay the loan, the guarantor shall undertake the lawsuit at the same time, and can determine the borrower's repayment. The guarantor shall also undertake the joint execution of the borrower and may also execute the guarantor.

Second, the borrower ran away. As a guarantor, what should I and the guarantee company pay? ...

The guarantor shall be jointly and severally liable to the borrower for repaying the principal and interest of the loan.

Three, the borrower ran away, as a guarantor, what kind of responsibility should I and the guarantee company bear?

The guarantor and the guarantee company shall bear the guarantee liability in accordance with the guarantee contract. If it is a joint guarantee, the lender may choose to require the borrower and the joint guarantor to bear the repayment responsibility after the loan expires.

Where a general guarantee is agreed, the lender may require the general guarantor to assume the guarantee responsibility when the borrower fails to perform the repayment obligation.

Lenders can also ask the guarantor to bear the responsibility through litigation, but it should be noted that in general guarantees, lenders cannot pay off before the guarantor is guaranteed. Joint and several guarantees can be arbitrary, and both parties bear joint and several liabilities.

Four, the borrower ran away, as a guarantor, what kind of responsibility should I and the guarantee company bear?

As a guarantee, it depends on what kind of guarantee you are making. If it is a general joint and several liability guarantee, the guarantee company and the bank will ask you for a loan, because joint and several liability means that the lender and guarantor are unconditionally responsible for all debts. Creditors may require any debtor to pay off all debts out of sequence. It doesn't matter what the priority is. Now that the lender has run away, you have to bear the debt as a guarantor. If it is supplementary joint and several liability, it depends on how much you bear in the guarantee contract you signed. If you don't pay it back, it will also affect your credit history. If the bank asks you, it will be enforced. It's best to discuss with the loan bank and see if it can be postponed.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.